A firm has an average age of inventory of 101 days, an average collection period of 49 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days

If you follow a variable ratio plan, it is assumed that you

A) cannot forecast future asset values. B) are engaging in a form of market timing. C) are planning for your future retirement. D) are trying to offset capital gains with capital losses.

________ is an approach to performance measurement that closely links the strategic and financial perspectives of a business

A) Transfer pricing B) Budget to actual C) The balanced scorecard D) Return on investment